Charity number . 703133
The Trustees of Th0￿e Prebend House
Trnstees, Report and Financial Statements
For the Year End￿ 31 December 2024

THE TRIIS I'LES Oth" THL fHORPE PREBEND HOUSE
CoD¢ents
Page
Reference and adn)inistrative details of the Charity, its Trustees and advisors
Trnstees, report
Trustees, responsibilities statement
Independ¢nt auditors, report on the fmancial statements
Statement of Financial A¢tivities
Balance Shed
Notes to the Financial Stat¢m¢nts
IOto15

THE TRUSTEES OF THE THORPE PREBEND HOUSE
REFERENCE AND ADMJNISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISORS
FOR THE YEAR ENDED 31 DECEMBER 2024
Trustees
The Very Rcvd John Dob50n
Canon Michael Gisbourne
The Ven Clive Mansell
Mr Andrew Kitchingman
Mr Richard Noake
Mr Andrew Lawson Tancred
Canon Matthew Pollard
Canon Claire Renshaw
Julie White
(Resigned November 2024)
Charity registered
Number
703133
PrinefipAI offiee
Cathedral Office
Liberty Courthouse
Minster Road
Ripon
North YoTkshire
HG4 IQS
Independent Examillers
Amstrong Watson Audit Limited
Chartered Accountants and Statutory Auditors
York House
Nortballerton
North Yorkshire
DL7 2XQ
Bankers
HSBC pl¢
34 Westgate
Ripon
North Yorkshire
HG4 2BL
Page I

THE TRUSTEES OF THE THORPE PREBEND HOUSE
REPORT OF THE TRUSTEES,
FOR THE YEAR ENDED 31 DECEI¥IBER 2024
The ITUStees present tbeir rttport with th¢ financial statements of the charity for the year ended 31 December 2024. The trustees
have adopted the provisions of Accounting and Reporting by ChaTities.' Statement of Recommended Prartice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS
102) (effective l January 2019) and with the requiTements of the Charities Act 2011.
ORJECTIVES AND ACTIVITIES
Objectives and Aims
Thc principal objectives of thc Charity aTe to promote the education of the public in the mission and history of Ripon Cathedral and
to depi¢t su¢h history by means of modem visual aids.
The Charity will carry out its objectives wilhin the Tn￿t Property. the restoration and maintenance of which is the responsibility of
the Trustees.
Activitles fin 2024
The Charity lost its caretaker due to ill health in March and this irnpacted on the ability to maximise use of the building. Despite
this, over the year 22 school and education groups were hosted, totslling 681 people. In addition, the building hosted a Th￿ge of
other events including the Rural Ministy Forum, Friends of Ripon Cathedral. the judging of the Wilfrid Stars awards, and the
Uredale Community Partnership.
A key focus for investment during 2024 was upgrading of the fire detection and security systems. In addition, works based on an
updated fire risk assessment were carried out to install an emcrgcncy fiTe door ¢s¢ape push pad, and upgrade of items on the lift.
This was part of a concerted programme of compliance works.
FtNANCIAL VIEW
Financial View
The trustees are grateful to the Chapter of Ripon Cathedral for its initial loan of £13,695 to caTry Out upgrading of the fire delection
and security systems. A total investmcnt of £1 0,349 was made during the year on systems and compliance upgrades.
Maxirnising the potential of Thorye Prebend for external community and education use relies on having the staff capacity required.
Trustees have therefore decided to recruit a replacement caretaker with tlje aim of growing the nun]ber of visitors and the
educational and community use of tbe bullding.
Page 2

THE TRUSTEES OF THE THORPE PREBEND llOUSE
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Coverning document
The charity 15 Controlled by its governing documenL a deed of tTusL and wnstitutcs an unincoTroTated charity.
IDductioD aDd training of the new trustees
All new trnstees are given, in the view of the board, Su￿1Clent training and have knowledge of the specific field to undeTStand the
natur¢ of the charity aT)d fully cornply with the charity's current views of its progression. They are required to ensure they are both
aware of both their legal and professiondl rcsponsibilitics undcr chaTity and company law.
Approved by the order of trustees and sign
rni its behalf by.. Very Revd John Dobson
of Ripon
ate:
os Jufle 2025
Page 3

THE TRUSTEES OF THE THORPE PREBEND HOUSE
STATEMFwf OF TRUSTEES, RESPONSIBILITIES
FOR TIIL YEAR ENDED 31 DECEMBLII 2024
Thc TTUStccs are responsible for Preparing the Trustees, report and the fLnancial statetncnts. in ac¢ordan¢e with
applicabEe law and Unitcd Kingdom Accounting Statldards (United Kingdum GcncTally Accepted Accounting
Practicc).
The law applicable to charAties in England & Walcs requires the Truslees to prcparc financial statements for
each financial ycaT which give a tru¢ alld fair view of the state of affairs of the Charity and of its incorning
resources and application of resources, including its income and expenditure, for the peTiod. In preparing these
financial statcments, the Trustees are required to..
selcct suitable accounting policies and then apply them consistently.
observe the methods and principles of the Charities SORP (FRS102)'
make judgments and accounting estimates that ar¢ reasonable and prndent.
state whether applicable UK Accounting Standards (ERS 102) have been followfyl subject to any
matcrial departures disclosed and cxplained in the financial statements.
prepare the [￿ancial statements on the going conocrn basis unless it is inappTOPTiate to presume that the Charity will
continue in business.
The Trnstees are responsible for keeping adcquatc accounting records that arc su￿]cTe1]t to show and explain the Charity's
transactions and disclose with r&isonable accuracy at any time the financial position of the Cklarity and cnable them to ensure that
the financial statements comply with thc ChaTities Act 2011, th¢ Charity (Accounts and Reports) Regulations 2008 and the
provisions of the Tr￿ deed. They are also responsible for safcguarding the assets of the Charity and hence for taking reasonable
steps for the prevention and detection of fraud and I￿egularitieS.
Approved by order of the M￿berS of the board of Trustees and signed on its behalf by:
of Ripon
,, 03 J(Jne 202s
Page 4

THE TRUSTEES OF THE THORPE PREBEND llOUSE
tNDEPENDENT AUDITORS, REPORT TO THE IIIEMBERS OF THE TRUSTEES OF THORPE PREBEND HOUSE
Opinlon
We have audited the financial statements of The Trustccs of Thorpe Prebend House (the '¢haTity? for the year ended 31 December
2024 which comprise the statement of financial activities, the balance sheet and the related notes, including a sumrnary of
significant accounting policies. The financial TepoTting fiaTncwork that ha5 bctn applied in their preparation is applicable law and
United ￿"ngdorn Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting StandaTd applicable
in the UK and Rcpublic of Ireland, (United ￿"ngdorn Generally Accepted Accountitlg Practice).
The financial statements have been prepared in accordance with Accounting and Reporting by Charities preparing thciT accounts in
accordance with th¢ Financial Reporting Standards applicable in the UK and Rq)ublic of Ircland (FRS 102) in PTcference to the
Accounting and Reporting by Charities.. Statement of Recommended Practice issued on l April 2005 which is referred to in thc
exlant regu1￿10nS but has bccn withdTawn.
This has been done in order for thc accounts to providc a truc and fair view in accordance with tbe Generally Accepted AGGounting
Practice effective for reporting periods beginning on or after l January 2019.
In our opinion the financial statements..
give a tru¢ and fair view of the stale of the charity's affairs as at 31 December 2024 and of its incoming resources and
appLi¢ation of resources for tbe year then ended.
have been properly prepared in a¢¢ordance with United Kingdom Generally Accepted Accounting Practice. and
have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for oplnfion
We conducted our audit in accordance with International Standards on Auditing (i]K) (ISAS (UK)) and applicable law. Our
responsibilities under those standards are further described in the Auditors, responsibilities for the audit of the financial statements
seclion of our report. Wc arc independent of the charity in accordance with the ethical requirements that are relevant to our audit of
the financial statements in the United Kingdom, in¢luding the Financial Reporting Council's Ethical Standard, and we have
Ifilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence wc have
obtained is sufficient and appropriate to Provide a basis for our opinion.
ConclusioDS relating to going concern
In auditing the financial statements, we have concluded t1￿1 the T￿SleeS, use of tbe going concern basis of accounting in the
preparation of the financial statements is appropriate.
Based on the work we havc pcrfornicd, we have not identified any material uncertainties relating to events or conditions that,
individually or collectively, may cast significant doubt on the charily's ability to COtLtinuc as a going conccrn for a pcriod of at least
twelve months from when tbe financial statcmcnts arc authoriscd foT Issue.
Our responsibilities and tbc Tcsponsibilitics of thc TnL8tees with respect to going concern are described in the Televant sections of
this rcport.
Other information
The other infoThnation comprises the illformation included in the annual report otlL¢r tban the financial staternents and our auditors,
report thereon. The Trustees are r￿ponSIble for the other inforniation contained within the annual r¢port. Our opinion on the
financial statements does not cover the other inforniation and, except to the extent otberwise explicitly stated in our report. we do
not express any forni of assurance ¢on¢lusion thereon. OUT Tesponsibility is to Tead the other infornlation and. in doing so, ¢onsideT
wbeiber the other inforniation is rnatcrially inconsistent with the financial statements, or our knowledge obtained in the course of
the audiL or otherwise appears to be materially misstated. If we identify such rnaterial inconsistencies or appaTent material
misstatements, we are required to deterniine whether this gives rise to a Mat￿la1 mASStatement in the f￿ancIal statements
Page 5

THE TRUSTEES OF THE TllOiIPE PREBETr4D HOUSE
INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF THE TRUSTEES OF TllORPE PREBEND HOUSE
themselves. If, based on the work we have perfonned, we conclude that there is a material misstatemellt of this other infonnation,
we are required to report that fact.
We have nothing to report in this regard.
Matters OD which we are required to report by exception
We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008
requires us to report to you if, in our opinion:
the information given in the Trustccs, report is inconsistent in any malerial respect with the financial staterneDts: or
sufficient accounting records have not bccn kcpt- or
the financial statcmcnts aTe not in agreement with thc aLLounting Tecords and returns. or
we have not received all ttLe infonnalion alld cxplanations we require for our audit.
Responsibilitie$ of trustecs
As explained more fully in the trustees, rcsponsibilities statement. the Trustc¢s are responsible for th¢ preparation of the financial
statements which give a true and fair view, and for such internal control as the Truste¢s detennine is necessary to enable the
pr¢paration of financial statements that are free from material misstatemenL wh¢th¢r duc to fraud OT error.
In preparing the financial staternents, the Trustees are responsible for assessing the ehaTity's ability to continue as a going ¢oncern,
disclosing, as applicable, matters related lo going concern and using the going concern basis of accounting unless the Trustees
either intend to liquidate the charity or to c¢ase operations, or have no realistic alternative but to do so.
Auditors, responsibilities for the audit of tbe finAncial stV4temeDts
We have been appointed &8 auditor under section 145 of the Charities Act 2011 and report in accordance with the Act and relevant
regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material
misstatement, whether due to fraud OT eThor, and lo issue an auditors, Teport that ineludes our opinion. Reasonable assurance is a
high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material
misstatement when it exists. Misstatements Can arise from fraud or error and are considered material if, individually or in the
aggregate. they could reasonably be expected to influence the economic decisions of us¥rs takcn on the basis of these financial
statements.
Irregularities, including fraud, are instances of non-compliance with laws and Tegulations. We design procedures in line with our
responsibilities, outlined above, to detect mateTial rnisstatcments in respect of irregulaTitics, including fraud. Ibe exlent to which
our procedures are capablc of dctccting iryegularities, including fraud is detailed below.
Our approach to identifying and asscssing the risks of material misstatcrncnt in respect of irregularities, including fraud and non-
compliance with laws and reEulations, was as lollows..
the engagement partner cnsurcd that the engagement teatn collectivcly had the appropriate cotnpetencc, capabilities and
skills to identify or recognise non-compliancc with applicable laws and regulations, such as Ibe Charitics Act 2011,.
we identifjed the laws and Tegulations applicable to the Charity through discussions with Trustees alld oihcr managemen
we assessed the extent of compliance wilh thc laws and regulations identified above through making enquiTiCS of
management. and
identified laws and regulations were cornmunicated within the audit team regularly and the team T¢mained alert to
iDStan¢es of non-compliance tbroughout the audit.
Page 6

THE TRUSTEES OF THE THORPE PREBEND HOUSE
INDEPEI¥DENT AUDITORS, REPORT TO THE MEMBERS OF THE TRUSTEES OF THORPE PREBEND HOUS
We &ssessed the susceptibility of the Charity's financial statements to material misstaten]ent, including obtaining an understanding
of how fraud might occur, by:
making enquiries of management as to wherc they considered there was suseeptibility to fraud, their knowledge of actual,
suspected and alleged fraud,. and
considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.
To address the risk of fraud through managemeni bias and override of controls, we..
performed analitical procedures as a risk assessment lool io identify ally ullusual or uncxpccted rclationships.
tested journal entries to identify unusual tTansactions"
tested the operating effectiveness of key controls over key transaction cycles such as income, purcbascs aT)d wages" and
rcvicwcd thc application of accounting policies including the application of capitalisatiotl of tangible assets
In response to the risk of irregularities and non-complian¢e with laws and regulations, we designed procedures whiGh included, but
were not limited to:
agreeing financial statement disclosures to ￿nderlying supportinE documentatio￿ and
cnquiring of rnanagement as to actua] and potential litigation and claims.
Due to th¢ inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements
in the financial statements, even though we have properly planned and performed our audit in accordance with auditing stand￿d$.
For example, as with any audit. there Temained a higher risk of non-det¢clion of i￿egular1ties, as these may involve collusion,
forgery, intentional omissions, misrepresentations, or the override of internal controls. We aTe not responsible for preventing fraud
or noncompliance with laws and Tegulations and cannot be expected to detsct all fraud and non-compliance with laws and
r¢gulations,
A ￿rther description of our responsibilities for tbe audit of the financial statements is located on the Financial Reporting Council's
website at.. www.frc.org.uklauditorsresponsibilities. This description fornis part of our auditOTS' report.
Use of our report
This rcport is madc solcly to thc charity's trllstees, as a body, in accordance with Part 4 of the Charilies (Account5 aT]d Reports)
Regulations 2008. Our audit work has been undertaken so Ihat we might stale lo the Ch<￿ity'S t￿St￿C8 thosc rnatters we are required
to state to them in an auditors, report and for no other purpose. 'I'o the fullest extcnt permitted by law, we do not acccpt or assume
responsibility to anyone other tILan the charity and its" trustccs, as a body, for OUT audit work, for this report. or foT the opiuions we
havc formed.
Armstrong WatSOD Audit Limfited
CbarteTed Accountants & Ststutory AuditQTS
Northallerton
Date:
as June ZOZS
Annstrong Watson Audit Limited are eligible to act as auditors in tcnns of section 1212 of the Companies Act 2006.
Page 7

THE TRUSTEES OF TUE TllORPE PREBEND HOUSE
STA TEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
Unrestricted
Funds
2024
Total
Funds
2024
Total
Funds
2023
Note
Income from:
Donations and legacies
Charitable activities
Other income
16J98
13,695
16J98
13,695
18,108
Total Income
30,093
30,093
18,108
Expenditure on:
Raising funds
Ckwitable activities
4,737
25,034
4,737
25,034
5,389
16,131
Total expenditure
29,771
29,771
21,520
Net movement in funds
322
322
(3,412)
R¢¢on¢iltation of funds:
Total Funds brought foTward
Net movement in fijnds
93,503
322
93,503
322
96,915
(3,412)
Total funds carried forward
93,625
93,625
93,503
The Statement of financial activities includes all gains and losses Tecognised in the year.
The notes on pages 10 to 15 forni part of these financial statements.
Pagc 8

THE TRUSTFES OF THE THORPE PREBEND HOUSE
BALANCE SHEET
AS AT 31 DECEMBER 2024
2024
2023
INote
Fixed assets
Tangiblc asscts
91,473
94,480
91,473
94,480
Current assets
Dcbtors
Cash at ballk and in hand
818
2,960
806
491
3,778
1,297
Creditors.. amounts falling due within one year
(1,626)
(2,274)
Net current liabilities
2,152
(977)
Total assets less current liabilities
93,625
93,503
Total net assets
93,625
93,503
Charity funds
Restricted fvnds
Unrestiicted funds
93,625
93,503
93,625
93,503
The financial statements were approved and autboTised for issue by the Trustees and signed on their behalf by:
Mr Andrew Kitchlngmxn
Date..
OS Jone 2QS
The notes on pages 10 to 15 form part of these financial statements.
Page 9

THE TRUSTEES OF THE THORPE PREBEND HOUSE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDEJ) 31 DECEMBER 2024
Accounting polficies
Basis of preparing the financial statejnents
The financial statements of the charity have been Prepared in accordance with the Charities SOR￿ (FRS 102) Accounting
and Reporting by ChaTities'. Statement of Recommended Practice applicable to charities preparing their accounts in
aecordanee with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective I
January 2019) ihe Charitics Act 2011.
The Fill￿ClaI statcrncnts have been prepared to give a 'true and fair. view and havc dcparted frorn the Charitics (accounts
aDd Reports) Regulations 2008 only to the extent required to provide a 'true and fair, view. This dcparture has involvcd
rollowing thc Charities SORP (FRS 102) publishcd on 16 July 2014 rather tban the Accounting and Rq)orting by
Charities: Statement olReconLmendcd Practice effective from l April 2005 which has since been withdrawn.
The Trustees of The Thorpe Prebend House meets the definition of a public benefit entity under FRS 102. Assets and
liabilities are initially recognised at hisloTical cost OT transaction value unless otherwise stated in the relevant accounting
policy.
Going CODcern
The charity has net current liabilities of £2,152 (2023: £(977).
The Trustees have received a letter of support from their controlling party, the Chapter of Ripon Cathedral. The Thstees
have consid¢red the fmancial position of thc Chapter of Ripon Cathedral and satisficd that it has such resourc¢s to make
this support. This is particularly when taking account of the size of thc ChaTity and its obligation. As such the Truste£s are
satisfied that it will be able lo mect its obligations as they fall due for at least twelve months from thc date of approval of
these accounts. As such thc accounts have been PTepaTcd on a going concern basis.
FiDancial reporting standard 102 -reduced disclosure exemptions
Th¢ charity has taken advantage of the following disclosure exemption in preparing these fmancial statements, as
perniitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Rwublic of Ireland,.
the requirements of Section 7 Statement of C&sh Flows.
Income
All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received,
and the amount of incorne receivable can be measured reliably.
Grants are included in the statement of fLnancial activities on a receivable basis. The balance of income received for
specific purposes but not expended during the period is shown in the relevgnt funds on the balance sheet. Where income is
received in advance of entitlement of receipt, its Tecognition is deferred and included in ¢reditors as deferred income.
Where entitlement o¢¢urs before income is received, the income is accrued.
Page 10

THE TRUSTEI ES OF THE THORPE PREBEND HOUSE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YLAR EIYDED 31 DECEMBER 2023
AccouDtiDg pollcies (continued)
Expenditure
Expcnditure is recogni5ed once there is a legal or constructive obligation to transfer economic b¢nefit5 to a third party, it
is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be
measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings th&t aggregate
all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated
to activities on a basis consistent with the use of resources.
Expenditure on raising funds includes a]1 expenditure incurred by the Charity to raise funds for its charitable PUTposes and
includes costs of all fiMdraisU￿ activities events and non-charitable trading.
Expenditure on charitable a¢tivities is incurred on directly undertaking the activities which furtheT the Charity's
objectives, as well as any associated support costs.
Tangible rued assets and depreeiatfion
Depreciation is charged so ￿ to allocate the cost of tangible fixed assets less their residual value over their estimaled
usefijl lives.
Depreciation is provided on the following basis:
Freehold property
Exhibition Costs
20/0 on cost
150/0 on reducing balance
Cash at blnk and in hand
Cash at bank and in hand includes cash and short-terni highly liquid investments with a short n]aturity of three months or
less from the date of acquisition or opening of the deposit or similar account.
Liabilities and provisions
Liabilities are reGognised when there is an obligation al the balance sheet date as a Tesult of a past event, it is probable that
a transfer of economic benefit will be required in settlement, and the amount of settlement catt be estirnated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has
received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. WheTe the effect of the time
value of money is material, the provision is based 07) the present value of those an]ounts, discounted at the PTe-t&x
discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the statement of
financial activities as a fllMnce cost.
Fiuancial instruments
The Charity only has financial assets and liabilities of a kind that qualify as b&si¢ financial instruments. Basic fllwicial
instruments are initially recogniscd at transaction value and subsequently measured as their settlement value with the
exception of bank loans which are subsequently measuTed at arnortised cost using the effective interest method.
i.io
Taxation
The charity is exempt from tax on its chaTitable activities.
PagelI

THE TRUSTEES OF THE THORPE PREBEF4D HOUSE
NOTES TO THE FtNANCIAL STATEMENTS
FOR I'HL YEAR ENDED 31 DECEMBER 2024
l Aecounting polfieles (¢ontinued)
1.11 Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restri¢ted fijnds can only be used for particular rcstri¢t¢d pury)oses within the objects of the charity.
Restrictions arise when specified by the donor or when ￿ndS are raised for particulat restricted purposes.
Further explanatron of the nature and purpose of ¢a¢h fund is includcd in the notes to the financial statements.
2 Kn¢ome from charitable activities
UDrestrfi¢ted
Funds
2024
TotAI
Funds
2024
Rents
Room Hire
7,130
9268
7,130
9,268
Total 2024
16,398
16J98
Unrestricted
Funds
2023
Tolal
Funds
2023
Rents
Room Hire
7.320
10,788
7,320
10,788
Total 2023
18,108
18,108
3 Other illcome
Unrestricted
Funds
2024
Totfil
Funds
2024
Other income
13,695
13,695
Total 2024
13,695
13,695
Other income relates to the income on The Chapter of Ripon Cathedral waiving the loan to Chaptcr
Unrestsicled
Funds
2023
Toial
Funds
2023
Other income
Total 2023
Page 12

THE TRUSTEES OF THE THORPE PREBEND HOUSE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE TrTAR ENDED 31 DECLMBLR 2024
4 Auditor's remuDeration
2024
2023
Fees payable to the Chariws auditor for Ibe audit of the Charity's annual
accounts
1,250
800
1,250
800
5 Staff costs
2024
2023
Wages and salaries
1,426
4,659
4.659
Trustees, remuneratiojj and expenses
During the year, no Trnstees received any remuneration or other beneflts (2023-£NIL).
During the ycar ended 31 December 2024, no TNstee expenses have been in¢urred (2023 - £NIL).
TANGIBLE FIXED ASSETS
Freehold
Property
Exhibition
Costs
2023
Total
Cost or valuation
At 1st January 2024
Additions
142J66
25383
167,649
At 31 Deccrnbcr 2024
142J66
25,283
167,649
Depre¢iation
At l January 2024
Charge for year
48,954
2147
24,215
160
73,169
3,008
At 31 December 2024
51,801
24J75
76,177
NET BOOK VALUE
At 3 l DccernbeT 2024
90,565
908
91,473
At 31 D￿ernber 2023
93,413
1,068
94,480
Page 13

THE TRUSTEES OF THE THORPE PREBEND HOUSE
NOTES TO TItE FINANCIAL STATEMENTS
FOR THE I'EAR ENDED 31 DECELMBER 2024
Debtors
2024
2023
Due within one year
TTade Debtors
Other Debtors
572
246
642
164
818
806
Creditors:AJnounts falling due within one year
2024
2023
Trddc Cr¢ditors
Other Creditors
826
800
936
1,338
1,626
2,274
Summary of funds
Summary of funds - current year
Balance At I
January
Balance at 31
D¢¢emb¢r
2024
2024
Ineome
Expenditure
GeneTal ￿ndS
93,503
30,093
(29,771)
93,625
Summary of fund5 - prior year
Balance at I
January
Balance at 31
December
2023
Income
Expenditure
2023
General funds
96,915
18,108
(21,520)
93,503
li
An2]ysis of net assets between funds
Ana]ysis of net Y45sets betTrYeen funds- current year
Unrestricted
Funds
2024
Total
Funds
2024
Tangible fixed assets
Current assets
Creditors due with in one year
91,473
3,778
(1,626)
91,473
3,778
(1,626)
Total
93,625
93,625
Pagc 14

THE TRUSTEES OF THE THORPE PREBEND HOUSE
NOTES TO THE FINANCLIL STATEMENTS
FOR THE YEAR ENDED 31 DECEMI BER 2024
li
Analysis of net assets betsyeen funds - continued
Analysis of net assets between funds - prior year
Unrestricted
Funds
2023
Total
14ullds
2023
Tangible fixed assets
Current assets
94,480
1,297
(2274)
94,480
1,297
(2,274)
Creditors due with in one year
Total
93,503
93,503
12
Related party traDsa¢tions
In the year ended 31 December 2024, the charity contributed £Nil (2023: £NIL) towards the rental and
upkeep of The Chapter of Ripon Cathedral. The Chapter admiillsters the charity.
At 31 December 2024, the charity owed £Nil (2023: £Nil) in relation to a loan given by the Cbapler of Ripon
Cathedrnl. Int¢r¢si free loans have been made by Chapter Éo Thorpe Prebend House since 2001.
A balance of £Nil {2023:£Nil) is included within the trade creditors which is owed to The Chapter of Ripon
Cathedral.
In the year ended 31 Dcccmbcr 2024 The Chapter of Ripon Cathedral and liipon Cathedral Development Campaign
each patd a "Licence of Occupy" fee of £3,024 (2022.'£3.024). Chapter paid £2,220 towards the light and heat.
Page 15

THE TRUSTEES OF THE THORPE PREBEND HOUSE
Income and Expenditure Account
For the Year Ended 31 December 2024
2024
2024
2023
2023
INCOME
Donations
Rents
Room hiTC
Other income
Grants
7,130
3220
13,695
7,320
4,740
Licence to Occupy
6.049
6,048
30,093
18.108
Tota] income in reporting period
30,093
18,108
Less:
Raisfin donations and le acies
Wages
Telephone
Clcaning
1,426
526
2,784
4,659
529
201
4,737
5,389
Charitable activities
Rates and water
Insurance
Elethicity & gas
Postage & Stationery
Premises repairs
Miscellanious Expenses
Depreciation
445
2,608
7,287
367
2,600
7,742
8,615
23
2,847
160
1,734
1,370
153
2,847
188
Freehold property
Exhibition costs
Premises Expenses
23,719
15,267
Support and governance costs
Bank chatgcs
Computer F￿pellses
Accountancy {Gov¢rnanc¢ costs)
64
63
1350
800
lJ14
863
Total expellditUTe
29,771
21,520
Net In¢onJe for the reportin2 period
322
{3,412)
Surplu5 for the reporting peTiod
322
(3,412)
Page 16